In October 2014, we wrote about Jimmy John's and their controversial non-compete agreements imposed upon their employees. Well, the New York Attorney General recently found that the non-competes were in fact unlawful and Jimmy John's must cease enforcement of the agreements - in the state of New York. This outcome makes it likely that the notable "Freaky Fast" empire...
Read moreImpending Overtime Woes
An excerpt from the Inc. article by Suzanne Lucas addressing the affect the proposed change in overtime laws will have for Congress and their staff.
Last summer the Department of Labor released a new proposal for a change in overtime laws. Significantly, regardless of job duties, employees will have to earn $50,440 per year before they can be considered exempt from overtime. The change hasn't been implemented yet (the proposed date is September 2016), but business owners are already in a panic.
Why? The previous threshold was only $23,660, so this throws a lot of jobs--an estimated five million, in fact--into the pot. This is a huge deal and will cause lots of problems for business owners and employees alike. Guess who just figured it out?
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April 18, 2016 aka Tax Day
This year business owners have an extra 3 days (woohoo!) to file their respective taxes. This is an article with some helpful advice and checklist for any last minute filers
Fore(WARN)ing →
The Worker Adjustment and Retraining Notification Act of 1988 (“WARN Act”) requires a covered employer to provide 60 days’ notice of certain plant closings and mass layoff that cause a specified number of employees to lose their jobs. This Act is highly technical, which in conjunction with extensive regulations, contains many definitional ambiguities and potential traps for the unwary employer. Any business owner, with over 100 employees
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